Housing starts stumble into Autumn

Housing starts stumble into Autumn In September, home starts fell by 1.6 percent from the previous month while the gap between completed homes and those under construction was the largest on record, according to the U.S. Commerce Department. The drop in starts is unexpected as demand for homes remain very high. A Reuters poll had suggested that starts would instead rise in September, but rising prices for lumber and other building components have added some hurdles.